Decentralized battle game Illuvium still highly anticipated despite attack

On Dec. 31, Illuvium’s official Discord channel got phished when attackers directed users to a website claiming to be Illuvium’s NFT platform, causing approximately $150,000 in losses. One week later, the Illuvium... Read more »

Georgia lawmakers consider giving crypto miners tax exemptions in new bill

Five members of the Georgia House of Representatives have introduced a bill that would exempt local crypto miners from paying sales and use tax. On Monday, Georgia Representatives Don Parsons, Todd Jones,... Read more »

Russia’s Economy Ministry Calls for Introducing ‘Acceptable’ Electricity Rates for Miners

The Ministry of Economic Development of Russia has suggested that crypto mining should be allowed in energy-rich regions and miners provided with access to inexpensive electricity. The department has joined calls to... Read more »

Bitcoin Breaks Below $40,000, Sending Market Into Red

Key Takeaways Bitcoin has dipped below $40,000, and many other assets have also declined. Macroeconomic factors such as the Federal Reserve’s planned interest rate hikes and ongoing Russia-Ukraine tensions have impacted global... Read more »

Analyst say Ethereum price could fall to $1,700 if the current climate prevails

Bitcoin (BTC) and Ether (ETH) price are still being hard hit by the current wave of volatility and this is leading traders to go back to the drawing board and readjust their... Read more »

Despite Bitcoin’s price falling, its mining difficulty rises to new ATH

Bitcoin price performance might currently be leaving a bitter taste in the mouth of many crypto enthusiasts, but available data has shown that that has not reduced the level of competition amongst... Read more »

Cardano Foundation Doubles Reward Offered to Hackers for Uncovering Bugs on Its Blockchain

The Cardano Foundation recently said it has doubled the payout offered to hackers and bounty hunters that identify bugs or vulnerabilities within the Cardano blockchain. The foundation said the six-week promotion, which... Read more »

$53 million raised for Assange showed the power of DAOs

“DAOs are very powerful token-based coordination mechanism that any person now can wield outside of the legacy financial system”, said Silke Noa, core-member of the AssangeDAO, which recently raised $53 million in support... Read more »

What’s behind Bitcoin’s sudden plunge to $40,000?

Thursday saw a renewed decline for Bitcoin as the leading cryptocurrency plunged to $40,090. A bounce followed, leading to a tight trading range between $40,300 and $40,900. Currently, Bitcoin is trading at... Read more »

US Lawmakers Introduce Bill to Mitigate Risks From El Salvador Adopting Bitcoin as Legal Tender

Several U.S. lawmakers have introduced a bill to mitigate the risks from El Salvador adopting bitcoin as legal tender. “El Salvador recognizing bitcoin as official currency opens the door for money laundering... Read more »